“Gold Is A Physical Safe Asset” Says Central Bank of Korea

http://newsdoors.blogspot.com/2012/12/gold-is-physical-safe-asset-says.html “Gold Is A Physical Safe Asset” Says Central Bank of Korea Gold fell $18.50 or 1.08% in New York yesterday and closed at $1,696.70/oz. Silver slid to as low as $32.66 and finished with a...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

JPMorgan Asset Management Predicts Profit

THIS IS THE RAY OF HOPE.....IN SINKING ECONOMY.. atleast JP Morgan thinking for green.." JPMorgan & Chase's  asset management arm expects to be profitable in the fourth quarter, despite worldwide turbulence from the global financial crisis, the unit's...

Analyst fired for saying greed is bad in south korea

Some times relity really bites, this story about firing of an analyst proves teh point.He just tried to comment on the greedy behaviour of excessive money making, which resulted in losing his own bread and  butter. "   Han Sang-choon, deputy head of Mirae Asset...

How to leverage gold and silver without any borrowings « Peter J. Cooper’s...

" In any rising market for precious metals, and with inflation and dollar devaluation inevitable as part of the bail-out of the American financial crisis I do not see how we can be about to experience anything else, there have to be some associated asset classes that do...

$150m Islamic hedge funds debut in Dubai « Peter J. Cooper’s Weblog

" Some industry watchers have suggested that Al Safi’s funding and the launch of DSAM is a historic milestone in Islamic Finance. And it seems ironic that Islamic hedge funds should debut at such a bad time for the hedge fund industry as a whole but if they can make this...

Maximum panic is the best time to buy gold and silver! « Peter J. Cooper’s...

" So a stock market crash is on the horizon. I think that is what keeps Mr Paulson awake at night: the prospect of a systemic meltdown of asset values. It has happened before. But not since the 1929 at a time when the banking system was so weak. "

Barclays 'to get cash infusion from major Japanese bank'

The UK banking sector certainly appears to have been stuck with a lot of sub-prime debt problems."Barclays Plc may be close to securing a 100bn yen (€594m) capital injection from Japan’s Sumitomo Mitsui Banking Corp. as part of the bank’s efforts to weather the impact...

Islamic hedge funds find a way of going short « Peter J. Cooper’s Weblog

"Barclays Capital, and the Dubai Multi Commodities Centre Authority, an agency of the Dubai government, today announced the first Shariah compliant hedge funds on the Al Safi Trust platform. This breaks new ground for Islamic investors and opens up an entirely new asset class...